Statistics in Business QUA/351 April 10, 2013 Statistics in Business Is statistics just numerical data or is it more than that? According to Investopedia, “Statistics is derives from research of models, representations, and summaries with empirical data or real world observations required for mathematical analysis” (Investopedia, 2013). The following content will address various aspects of fundamental statistic variables to obtain a better grasp of what statistics really is. This discussion…
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